South Korea’s Nurien raises $10 million for fashion-oriented virtual world
Nurien Software has been making a splash with its demos of virtual characters dressed as fashion models striding down runways in virtual fashion shows. This strategy has helped the company raise $10 million in a second institutional round of funding.
The funding suggests that investors are… Continue Reading
Nurien Software raises $15 million for Asian social networking and gaming service
Nurien Software, a Korean social networking and online gaming company, has raised $15 million in a first round of venture capital from investors in the U.S. and China.
The company lets users create their own avatars and then socialize in a variety of topic areas. Its… Continue Reading
Chinese venture capital firm Northern Light raises $350M total
Northern Light, a venture capital firm that backs Chinese companies, has raised a total of $350 million for its second fund, according to the firm.
In December, we reported the firm raised an initial $236 million.
Northern Light Venture, based in Beijing and Shanghai, is partly backed… Continue Reading
Northern Light Venture Capital raises $236M for Chinese fund
Northern Light Venture Capital, a venture capital firm that backs Chinese companies, has raised its second fund with at least $236 million, according to regulatory filings cited by VentureWire (subscription required).
Northern Light Venture, based in Beijing and Shanghai, is partly backed by Greylock and NEA,… Continue Reading
Mobile TV chip company, Telegent, raises $20M
Telegent Systems, a Sunnyvale, Calif. company that makes chips for mobile TV, said it has raised $20 million in a third round financing.
Northern Light Venture Capital is the latest investor in Telegent, with existing Telegent investors participating. Total external investment in Telegent now totals… Continue Reading
Aerohive Networks raises $20M for controller-less wireless LAN
Aerohive Networks, a Santa Clara, Calif. company that offers a controller-less wireless LAN access point which it hopes will challenge competing products from Cisco, Aruba and Trapeze, has raised $20 million in second round o financing.
Kleiner Perkins Caufield & Byers led the investment, while prevoius… Continue Reading